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BFS Capital News

BFS Capital is a champion of small businesses by providing timely, flexible financing solutions in the United States, Canada and United Kingdom. Since 2002, BFS Capital has provided $2 billion in total financing to over 22,000 businesses across more than 400 industries.

For Media Inquiries:
Gregory Papajohn
Archie Group for BFS Capital
gregory@archiegroup.com

For General Inquiries:
Marketing@bfscapital.com

BFS Capital and Mulligan Funding Join Innovative Lending Platform Association

May 23, 2019
ILPA members have now helped more than 600,000 U.S. small businesses access over $21 billion of capital. WASHINGTON, May 17, 2019 — The Innovative Lending Platform Association (ILPA), anindustry-leading association of small business online financing and service companies, todayadded BFS Capital and Mulligan Funding as its newest members committed to providing smallbusinesses with fully-transparent and easy-to-understand online financing disclosures. The newmembers signify continued growth of one of the largest associations of online financingcompanies. ILPA membership has collectively provided more than… Read More

BFS Capital Appoints Fred Kauber as Chief Technology Officer and Chief Product Officer

May 23, 2019
Accelerates digital transformation and expands management team of small business financing platform CORAL SPRINGS, FL—May 23, 2019—BFS Capital, a leader in small business lending, today announced the appointment of Fred Kauber as Chief Technology Officer and Chief Product Officer. As a member of the management team reporting to CEO Mark Ruddock, Kauber will be responsible for leading a customer-focused product and technology organization whose mission is to help BFS re-imagine financial services for small businesses. Kauber brings more than two… Read More

BFS Capital to Join deBanked’s Broker Fair 2019 Speakers’ Lineup

May 2, 2019
BFS Capital executives, including CEO Mark Ruddock and Head of Sales Ilya Fridman, will speak at Broker Fair 2019 in New York City on May 6. Presented by deBanked, Broker Fair brings together hundreds of small business finance brokers, ISOs, lenders and service providers who will convene at New York City’s Roosevelt Hotel for education, inspiration and opportunities to connect and grow their business. BFS Capital is once again a Gold Sponsor of the event. “Broker Fair is the ‘must… Read More

BFS Capital Achieves $2 Billion in Financing: Q4 and Q3 2018 set new quarterly financing highs for the company

January 22, 2019
BFS Capital, a leading small business financing platform, today announced it has now issued more than $2 billion in financing to over 22,000 small businesses, across the United States, Canada and, through its United Kingdom subsidiary, Boost Capital. BFS Capital provides financing from $5,000 to $500,000 to merchants across more than 400 industries, and demand for the company’s products continues to grow. In 2018, fourth-quarter originations were the highest quarterly originations ever in the company’s 17-year history. Third-quarter originations also represented… Read More

BFS Capital Appoints Mark Ruddock as Chief Executive Officer

November 28, 2018
BFS Capital, a leading originator of small business financing in the U.S., U.K. and Canada, announced today the appointment of Mark Ruddock as Chief Executive Officer, effective immediately.  He will also join the company’s Board of Directors. “Mark has an outstanding track record of transforming financial services and technology companies by accelerating their innovation and business growth. His diversity of experience, from founder to growth stage executive, across a wide variety of industries and geographies makes him an exceptional choice… Read More

BFS Capital’s Marc Glazer: Technology is driving big changes in the lending industry

October 1, 2018
Marc Glazer, chairman and interim CEO of BFS Capital, talks about how SMB lending has changed and where he sees the industry heading. Throughout his career, there have been dramatic shifts in the online lending space and Marc shares how intellectual property combined with technology can deliver differentiated value to merchants. Read More

BFS Capital Announces Fall 2018 Industry Event Lineup

September 26, 2018
BFS Capital, a leading originator of small business financing, will be sponsoring and speaking at key industry and partner events over the next month including deBanked CONNECT San Diego October 4, the National Alliance of Commercial Loan Brokers’ (NACLB) annual conference on October 16-18 and Money20/20 on October 21-24.   BFS Capital is attending these events to expand existing relationships and forge new connections with Independent Sales Organizations (ISOs) and strategic partners. BFS Capital executives look forward to exploring partnership opportunities with… Read More

BFS Capital Announces New $175 Million Credit Line

February 20, 2018
Revolving credit facility expands BFS Capital’s financing capacity to meet increasing customer demand and grow its lending business BFS Capital, a leading small business financing platform, today announced it is has received a new $175 million revolving credit line provided by funds managed by Ares Management, L.P. BFS Capital will use the new facility to accelerate the growth of its lending business, following a record year where the company generated more than $300 million in originations, a new annual high. “We’re… Read More

BFS Capital Surpasses $300 Million In Originations for 2017

January 8, 2018
We’re thrilled to report that BFS Capital funded more than $300 million in originations in 2017 after previously forecasting the milestone in December. Our sustained focus on small businesses’ financing needs and our continued expansion across key geographies (US, Canada and UK) helped us achieve this new annual high. This extraordinary feat is a testament to our team and the ISO, affiliate and strategic partner network that’s helping us to build a world-class lending platform at a time when there are… Read More

Marking 15 years of Small Business Lending, BFS Capital has Extended Over $1.7 Billion in Financing to Businesses across the US, UK and Canada

December 7, 2017
Over 75 percent of originations have occurred in the last five years; more than 25 percent took place in the last 18 months, including a record-high $300 million forecasted for 2017 Marking its 15th anniversary year, BFS Capital, a leading small business financing platform, announced it has now extended over $1.7 billion in financing since funding its first deal in 2002. The company also reported that over 75 percent of its originations have occurred in the last five years and more… Read More